Web3 coins gives investors immediate access to high-potential emerging tokens like governance tokens, meme coins, or stablecoins, typically available on decentralised exchanges, without having to set up a wallet, token swaps, network fees, etc.
| Photo Credit:
Dado Ruvic
CoinSwitch crypto trading platform on Wednesday announced the launch of Web3 coins that give users acces to over one lakh decentralised crypto tokens to trade directly in rupee. This launch comes as 34 per cent of CoinSwitch’s active traders engage with new tokens in the past six months, said the platform.
Web3 coins gives investors immediate access to high-potential emerging tokens like governance tokens, meme coins, or stablecoins, typically available on decentralised exchanges, without having to set up a wallet, token swaps, network fees, etc. Designed for everyday investors, it brings the benefits of decentralised trading to the mainstream by removing the complexity that often holds them back.
“With Web3 Coins, we are delivering on our promise to make cutting-edge crypto opportunities accessible to everyday investors minus the complexity,” said Balaji Srihari, VP at CoinSwitch.
Globally, decentralised exchanges account for nearly 200 million unique trading addresses. According to crypto data platform Dune, DEX platforms have recorded over $2.45 trillion in trading volume over the past 12 months.
To safeguard users, CoinSwitch follows checks across five key areas: tokenomics verification, risk scan, audit of contract security, community & social information and exchange & liquidity metrics.
“India is already the global leader in grassroots crypto adoption. With products like Web3 Coins, CoinSwitch aims to further democratise access to digital assets,” said CoinSwitch, as per a press release.
Published on July 2, 2025
